Article ID Journal Published Year Pages File Type
7373340 Mathematical Social Sciences 2016 9 Pages PDF
Abstract
This paper shows that three classic properties for bargaining solutions in an environment with a variable number of agents-Anonymity (AN), Individual Monotonicity (IM), and Consistency (CONS)-characterize a one-parameter family of Truncated Leximin solutions. Given a non-negative and possibly infinite α, an α-Truncated Leximin solution gives each agent the minimum of α and their Leximin solution payoff.
Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Authors
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